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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Comment by pkpotentialon Apr 13, 2011 2:03pm
265 Views
Post# 18425760

RE: Alpha Trading

RE: Alpha TradingDo you know what your behavior is telling me? You have been freaking out over the last two days because the price is dropping a little bit. This leads me to believe you have not properly researched the company and you ONLY bought it to follow along with the bandwagon.

Now you're panicking along with the bandwagon, and you'll sell your shares for a loss, while the smart people like me will buy your shares when they are low, and I will make money.

I'll tell you this right now. You will never ever be successful in stock trading unless you make some major changes to your way of thinking, and learn how to keep your emotions in check.

If you did not think that this company was going to be successful and you didn't see long term potential, you SHOULD NOT HAVE BOUGHT IT.
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